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Earnings per share
6 Months Ended
Jun. 29, 2019
Earnings Per Share [Abstract]  
Earnings per share Earnings per share

Basic earnings per common share is computed by dividing net earnings available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted earnings per common share assumes the exercise of outstanding stock options and the vesting of RSUs using the treasury stock method when the effects of such assumptions are dilutive. A reconciliation of net earnings available to common stockholders and weighted-average common shares outstanding for purposes of calculating basic and diluted earnings per share is as follows:
    
 
Three Months Ended
 
Six Months Ended
 
June 29,
2019
 
June 30,
2018
 
June 29,
2019
 
June 30,
2018
Net earnings attributable to Mohawk Industries, Inc.
$
202,441

 
196,586

 
324,026

 
405,352

Accretion of redeemable noncontrolling interest (1)

 

 

 
(305
)
Net earnings available to common stockholders
$
202,441

 
196,586

 
324,026

 
405,047

 
 
 
 
 
 
 
 
Weighted-average common shares outstanding-basic and diluted:
 
 
 
 
 
 
 
Weighted-average common shares outstanding—basic
72,402

 
74,597

 
71,970

 
74,525

Add weighted-average dilutive potential common shares—options to purchase common shares and RSUs, net
278

 
340

 
280

 
403

Weighted-average common shares outstanding-diluted
72,680

 
74,937

 
72,250

 
74,928

 
 
 
 
 
 
 
 
Earnings per share attributable to Mohawk Industries, Inc.
 
 
 
 
 
 
 
Basic
$
2.80

 
2.64

 
4.50

 
5.44

Diluted
$
2.79

 
2.62

 
4.48

 
5.41



(1) Represents the accretion of the Company’s redeemable noncontrolling interest to redemptive value. The holder put this option to the Company on December 20, 2018 for $33,884.